How One Landlord Uses the Lease-Option-to-Cash-Out Refinance Sandwich

In episode 118, Lucas and Luna explore a creative real estate investing strategy: the lease-option-to-cash-out refinance sandwich. This landlord in Columbus, Ohio, used a lease-option agreement with a tenant-buyer to generate immediate cash flow, then refinanced the property 18 months later after appreciation and principal paydown unlocked $85,000 in equity. They walk through the timeline, the numbers, and the risks — including the tax implications of a disguised sale and what happens if the tenant-buyer walks away. If you own rental property in a market where prices have gone up 12 percent year-over-year since 2023, this could be a way to pull cash out without selling. No ads, no fluff — just one specific case study you can bring to your next deal meeting. #LeaseOption #CashOutRefinance #RealEstateInvesting #CreativeFinance #RentalProperty #EquityExtraction #PassiveIncome #LandlordStrategies #CashFlow #TenantBuyer #PropertyAppreciation #RealEstateWealth #FexingoBusiness #BusinessPodcast #Finance #InvestingPodcast #RealEstatePodcast #Fexingo Keep every episode free: buymeacoffee.com/fexingo